• Latest
  • Trending
  • All
EFCC Arraigns Owner Of Beedel Construction Company Over N9M Investment Scam

EFCC Arraigns Owner Of Beedel Construction Company Over N9M Investment Scam

March 9, 2023
Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju 

Makinde Appoints Members Of Judicial Service Commission

May 30, 2025
Forum of LG Vice Chairmen In Oke Ogun Congratulates Makinde On 6th Year Anniversary

Forum of LG Vice Chairmen In Oke Ogun Congratulates Makinde On 6th Year Anniversary

May 30, 2025
Online Betting in Nigeria: Is PariPesa Worth a Try?

Online Betting in Nigeria: Is PariPesa Worth a Try?

May 30, 2025
Oyo Lawmaker, Olufunke Comforter, Pushes for Comprehensive Framework to Guide Public Events

Oyo Lawmaker, Olufunke Comforter, Pushes for Comprehensive Framework to Guide Public Events

May 30, 2025
Oyo Govt, UNICEF Partner to Tackle Menstrual Stigma, Advocate for Subsidies

Oyo Govt, UNICEF Partner to Tackle Menstrual Stigma, Advocate for Subsidies

May 30, 2025
Celebrating Six Years of Landmark Achievement of Governor Seyi Makinde in Oyo By Amofin Beulah Adeoye

Celebrating Six Years of Landmark Achievement of Governor Seyi Makinde in Oyo By Amofin Beulah Adeoye

May 29, 2025
Oyo Council of Obas Bill: Olugbon Calls for Halt, Cites Lack of Consultation

Olugbon Royal Family Disowns Oba Francis Olusola Alao Over Tussle with Soun of Ogbomoso

May 29, 2025
Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju 

6th Anniversary: Oyo LG Chairmen Express Satisfaction With Makinde’s Performance 

May 29, 2025
Femi Julius Congratulates Makinde on 6 Years of Unprecedented Growth in Oyo 

Femi Julius Congratulates Makinde on 6 Years of Unprecedented Growth in Oyo 

May 29, 2025
We Failed But We Aren’t Criminals – FarmKonnects Responds To Allegations

We Failed But We Aren’t Criminals – FarmKonnects Responds To Allegations

May 29, 2025
Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju 

Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju 

May 29, 2025
Adeseun Ogundoyin Polytechnic Hosts First Inaugural Lecture on Justice at the Grassroots

Adeseun Ogundoyin Polytechnic Hosts First Inaugural Lecture on Justice at the Grassroots

May 29, 2025
">
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju
Friday, May 30, 2025
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju
No Result
View All Result
No Result
View All Result
">
">

EFCC Arraigns Owner Of Beedel Construction Company Over N9M Investment Scam

by InsideOyo
March 9, 2023
in General News
0
EFCC Arraigns Owner Of Beedel Construction Company Over N9M Investment Scam
">

The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Command on Monday, arraigned one Odeleye Moses Oluwabukola and his firm, Beedel Strategic Investment Company Nigeria Limited, before Justice Mohammed Owolabi of the Oyo State High Court, Ibadan, on a three count charge which borders on forgery, altering of document and obtaining money by false pretence to the tune of N9million (Nine Million Naira).

The defendant, according to investigation approached his victim, Ololade Desmond-Eke with a forged “Local Purchase Order”, asked for a loan of N9million, with an agreed interest of N495, 000.00 (Four Hundred and Ninety-five Thousand Naira), under the pretext of executing some purported contracts awarded to his company across the country.

RelatedPosts

Online Betting in Nigeria: Is PariPesa Worth a Try?

Oyo Govt, UNICEF Partner to Tackle Menstrual Stigma, Advocate for Subsidies

Olugbon Royal Family Disowns Oba Francis Olusola Alao Over Tussle with Soun of Ogbomoso

ADVERTISEMENT

However, the victim discovered, after advancing the money to the defendant, that the LPO was forged.
Count one of the charge reads, “That you Odeleye Moses Oluwabukola ‘M’ and Beedel Strategic Investment Company Nigeria Limited on or about 31st of January, 2021 at Ibadan, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the total sum of N9, 000, 000.00 (Nine Million Naira) from Ololade Desmond-Eke by falsely representing to her that the said sum is to finance a Fan Milk Local Purchase Order (LPO) with Purchase Order Number: PO022622 which pretences you knew to be false, an offence of obtaining money by false pretence contrary to Section 1(1) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1(3) of the same Act.”

Count two reads, “That you, Odeleye Moses Oluwabukola ‘M’ and Beedel Strategic Investment Company Nigeria Limited on or about 15th day of October, 2020 at Ibadan, Oyo State within the jurisdiction of this Honourable Court, with intent to defraud, forged a Fan Milk Local Purchase Order (LPO) with Purchase Order Number: PO022622 with intent that it may be acted upon as genuine, an offence of forgery of document contrary to Section 465 and punishable under Section 467 of the Criminal Code Law Cap 38, Laws of Oyo State, 2000.”

Count three of the charge read: “That you, Odeleye Moses Oluwabukola ‘M’ and Beedel Strategic Investment Company Nigeria Limited on or about 31st day of January, 2022 at Ibadan, Oyo State within the jurisdiction of this Honourable Court, with intent to defraud, uttered a Fan Milk Local Purchase Order (LPO) with Purchase Order Number: PO022622 to one Ololade Desmond-Eke with intent that it may be acted upon as genuine, an offence of uttering of document contrary to Section 468 and punishable under Section 467 of the Criminal Code Law Cap 38, Laws of Oyo State, 2000.”

ADVERTISEMENT

The defendant pleaded “not guilty” when the charges were read to him.

Consequently, the prosecution counsel, Oyelakin Oyediran informed the court that he was in court with the first prosecution witness and ready to commence the trial.

However, counsel to the defendant, Sikiru Adewoye asked the court to direct the prosecution to make available, the new evidence against the defendant to the defence. He further informed the court of a pending bail application for his client and urged the court to admit the defendant to bail.

But Oyediran opposed the application on the grounds that the defendant was a ‘flight risk’, who has several pending criminal cases at both Oyo State and Federal High Courts in Ibadan, Oyo State.

Justice Owolabi, after listening to both parties, remanded the defendant and adjourned the matter till March 14, 2023 for hearing.

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Threads (Opens in new window) Threads
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading...

Police Arrest Beedel Company CEO Over Alleged N816m Fraud

The Police Special Fraud Unit (PSFU) Ikoyi, Lagos State, has arrested Ibadan-based businessman, Bukola Odeleye for alleged N816 million fraud. The spokesperson, SP Eyitayo Johnson said the suspect is the MD/CEO of BEEDEL Strategic Investment Company. Johnson, in a statement on Tuesday, disclosed that Odeleye was arrested on May 24,…

June 8, 2022

In "General News"

Meet The Young, Ebullient CEO Of Beedel Constructions, Bukola Odeleye

By Dare Adekanbi The motivation for writing this piece is to give hope to struggling entreprising youths, especially those operating in Nigeria’s inclement business climate, that though many are the challenges confronting entrepreneurial spirit, with determination and adoption of never-give-up attitude, those obstacles can be turned into stepping stones to…

March 28, 2021

In "Political News"

Police Arraign Owner Of BEEDEL Construction Company For Alleged N816 Million Fraud

The Police Special Fraud Unit (PSFU) Lagos on Tuesday brought an Ibadan-based businessman, Oluwabukola Odeleye to the Federal High Court in Lagos in connection with alleged N816million fraud and forgery. According to the Nation newspaper, it arraigned Odeleye and his firm, Beedel Strategic Investment Company Limited, before Justice Nicholas Oweibo…

June 28, 2022

In "General News"

">
Previous Post

Ido LG Chairman Donates N1.5m To Speed Up Completion Of Mosoke Bridge At Apete

Next Post

Ibadan North: Sarumi Appreciates Constituents, Mobilises For Makinde’s Re-election

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

Online Betting in Nigeria: Is PariPesa Worth a Try?

Online Betting in Nigeria: Is PariPesa Worth a Try?

by InsideOyo
May 30, 2025
0

What makes betting so popular? Basically, betting drives people and makes watching sports more fun and interesting. But in Nigeria,...

Oyo Govt, UNICEF Partner to Tackle Menstrual Stigma, Advocate for Subsidies

Oyo Govt, UNICEF Partner to Tackle Menstrual Stigma, Advocate for Subsidies

by Deji Moore
May 30, 2025
0

As part of activities marking Menstrual Hygiene Day 2025, the Oyo State Ministry of information in partnership with the United...

Oyo Council of Obas Bill: Olugbon Calls for Halt, Cites Lack of Consultation

Olugbon Royal Family Disowns Oba Francis Olusola Alao Over Tussle with Soun of Ogbomoso

by Ayo Mukhail
May 29, 2025
0

The Olugbon Orisafayo Royal Family has distanced itself from the ongoing tussle between Oba Francis Olusola Alao, the Olugbon of...

We Failed But We Aren’t Criminals – FarmKonnects Responds To Allegations

We Failed But We Aren’t Criminals – FarmKonnects Responds To Allegations

by Deji Moore
May 29, 2025
0

In a contrary and impassioned reaction to a recent publication, the founder of FarmKonnect, Azeez Oluwole, has condemned the move,...

Next Post
Ibadan North: Sarumi Appreciates Constituents, Mobilises For Makinde’s Re-election

Ibadan North: Sarumi Appreciates Constituents, Mobilises For Makinde’s Re-election

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju

Copyright © 2025 Inside Media

%d